Understanding the health insurance hike after tax subsidies expire
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Health insurance is about to become more expensive for tens of thousands of Minnesotans.
Some of the tax credits that helped lower the cost of insurance for people who buy their own plans through the Affordable Care Act expired at the beginning of January after Congress failed to reach a compromise.
Those federal subsidies were at the center of last year’s political standoff that shut down the federal government. With premiums rising, the cost of healthcare coverage is expected to be a top political issue heading into the 2026 midterm elections.
MPR News guest host Catharine Richert talks about why premiums are rising and what this means for Minnesotans struggling to afford coverage.
Guests:
Jean Abraham is a professor of health policy and management at the University of Minnesota. She was a senior economic advisor for the Council of Economic Advisors during the last six months of the Bush administration and the first six months of the Obama administration at the beginning of the formation of the Affordable Care Act.
Matt McGough is a policy analyst who researches the Affordable Care Act for KFF, an independent source for health policy research, polling and news.
Libby Caulum is the CEO of MNsure, the official health insurance marketplace in Minnesota under the Affordable Care Act.
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